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ACDSF (CapitaLand Ascendas REIT) Gross Profit : $777 Mil (TTM As of Jun. 2024)


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What is CapitaLand Ascendas REIT Gross Profit?

CapitaLand Ascendas REIT's gross profit for the six months ended in Jun. 2024 was $391 Mil. CapitaLand Ascendas REIT's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $777 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. CapitaLand Ascendas REIT's gross profit for the six months ended in Jun. 2024 was $391 Mil. CapitaLand Ascendas REIT's Revenue for the six months ended in Jun. 2024 was $570 Mil. Therefore, CapitaLand Ascendas REIT's Gross Margin % for the quarter that ended in Jun. 2024 was 68.62%.

CapitaLand Ascendas REIT had a gross margin of 68.62% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of CapitaLand Ascendas REIT was 75.07%. The lowest was 68.08%. And the median was 72.32%.


CapitaLand Ascendas REIT Gross Profit Historical Data

The historical data trend for CapitaLand Ascendas REIT's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CapitaLand Ascendas REIT Gross Profit Chart

CapitaLand Ascendas REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 479.64 567.96 675.33 716.64 768.07

CapitaLand Ascendas REIT Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 344.54 363.84 377.97 386.10 390.93

Competitive Comparison of CapitaLand Ascendas REIT's Gross Profit

For the REIT - Industrial subindustry, CapitaLand Ascendas REIT's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CapitaLand Ascendas REIT's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CapitaLand Ascendas REIT's Gross Profit distribution charts can be found below:

* The bar in red indicates where CapitaLand Ascendas REIT's Gross Profit falls into.



CapitaLand Ascendas REIT Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

CapitaLand Ascendas REIT's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1110.861 - 342.787
=768

CapitaLand Ascendas REIT's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=569.703 - 178.777
=391

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $777 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

CapitaLand Ascendas REIT's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=391 / 569.703
=68.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


CapitaLand Ascendas REIT  (OTCPK:ACDSF) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

CapitaLand Ascendas REIT had a gross margin of 68.62% for the quarter that ended in Jun. 2024 => Durable competitive advantage


CapitaLand Ascendas REIT Gross Profit Related Terms

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CapitaLand Ascendas REIT Business Description

Traded in Other Exchanges
Address
168 Robinson Road, No. 30-01 Capital Tower, Singapore, SGP, 068912
CapitaLand Ascendas REIT is a real estate investment trust focusing on the industrial and business space. As of Sept. 30, 2024, it held a SGD 16.8 billion portfolio of 226 properties across Singapore, Australia, Europe, and the US The property types encompass business and science parks, high-specification industrial properties, data centers, light industrial properties, and logistics and distribution centers. The trust is externally managed by Ascendas Funds Management, a subsidiary of CapitaLand Investment, which owns a 17.5% stake in the trust.